Q4’s current account deficit came in better than expected, continuing Q3’s improvement to $0.7B on the back of an improved trade balance.

The financial account surplus grew significantly, with $40B of net inflows into Canadian securities led by demand for government bonds ($34B)…

… with some help from equities ($6B). That translated to corporate investment, which rose to $25B on the back of elevated M&A ($16B) - driving the highest annual FDI since 2007 (and a number of Canadian takeouts).

You might be interested in…

Disclaimer: Content on this site, including research reports, is provided by Bullpen Finance Inc. for informational purposes only and does not constitute investment advice. Bullpen Finance Inc. receives compensation from issuers for research coverage; such compensation does not influence opinions expressed. For complete disclosures, please see our Legal & Disclosures section.